KX Intek, Inc. agreed to acquire Eugene Special Purpose Acquisitions 7 Company for KRW 5 billion in a reverse merger transaction

KX Intek, Inc. agreed to acquire Eugene Special Purpose Acquisitions 7 Company (KOSDAQ:A388800) for KRW 5 billion in a reverse merger transaction on August 31, 2023. The merger ratio for the transaction is 1:0.4110997. The merger date is February 14, 2024.